W. P. Carey Inc. (W. P. Carey, NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $0.875 per share, equivalent to an annualized dividend rate of $3.50 per share. The dividend is payable on October 15, 2024 to stockholders of record as of September 30, 2024.
W. P. Carey Inc.
W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,291 net lease properties covering approximately 170 million square feet and a portfolio of 89 self-storage operating properties as of June 30, 2024. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations.
www.wpcarey.com
Institutional Investors:Peter Sands1 (212) 492-1110institutionalir@wpcarey.com
Individual Investors:W. P. Carey Inc.1 (212) 492-8920ir@wpcarey.com
Press Contact:Anna McGrath1 (212) 492-1166 amcgrath@wpcarey.com
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SOURCE W. P. Carey Inc.
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COMTEX_457935802/1005/2024-09-19T16:30:37